Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover-Shanghai Metals Market

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Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover

Industry News 10:15:57AM Feb 14, 2012 Source:SMM

Feb. 14 -- OAO GMK Norilsk Nickel (GMKN), the world’s largest producer of the metal, advanced the most in a month in Moscow trading after prices of the commodity increased.

Norilsk rose 3.1 percent to 5,801 rubles, the biggest gain since Jan. 12, by 3:00 p.m. in Moscow. Nickel for three-month delivery jumped 1.4 percent to $20,995 a metric ton in London.

 

Price

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#1 Lead
Oct.23
16700.0
-175.0
(-1.04%)
#1 Lead - Guangdong
Oct.23
16725.0
-100.0
(-0.59%)
#1 Lead - Henan
Oct.23
16625.0
-125.0
(-0.75%)
#1 Lead -Tianjin
Oct.23
16675.0
-150.0
(-0.89%)
#2 Lead
Oct.23
16150.0
-175.0
(-1.07%)

Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover

Industry News 10:15:57AM Feb 14, 2012 Source:SMM

Feb. 14 -- OAO GMK Norilsk Nickel (GMKN), the world’s largest producer of the metal, advanced the most in a month in Moscow trading after prices of the commodity increased.

Norilsk rose 3.1 percent to 5,801 rubles, the biggest gain since Jan. 12, by 3:00 p.m. in Moscow. Nickel for three-month delivery jumped 1.4 percent to $20,995 a metric ton in London.